Gardening Equipment Market By Product Type (Lawn Mowers, Handheld equipment, Others), By End-User (Residential, Commercial), By Sales Channel (Online, Offline): Global Opportunity Analysis and Industry Forecast, 2021-2031
The global gardening equipment market size was valued at $40,403.6 million in 2021, and is projected to reach $74,972.8 million by 2031, registering a CAGR of 6.2% from 2022 to 2031.
Gardening equipment help you to carry out your daily farming tasks easily, efficiently & economically, and provide the right conditions for the overall growth of the plant. This includes trowels, spades, rakes, hand tillers, tractors, lawn mowers, halos, secateur’s, garden forks, sprinklers, pruning shears, spray pumps, mowers and grafted knives. In addition, some manufacturers offer robotic mowers that facilitate labor-intensive work by killing weeds, removing crop residues, and promoting ventilation.
Rise in demand for technological advancements in gardening equipment such as emergence of robotic mowers, are giving rise to significant savings in terms of costs, energy as well as time, which is expected to boost the demand of the global market. In addition, rise in construction activities owing to rapid industrialization, growth in population, and other factors are expected to drive the growth of the gardening equipment market during the forecast period.
Major players are engaged in adopting key developmental strategies such as product launch and acquisition to sustain the intense competition and improve the product portfolio. For instance, in June 2021, STIHL added a cordless lawnmower to its successful product range of cordless power tools. This aims in diversifying the product portfolio. As a result, such factors are expected to create lucrative growth in gardening equipment market.
The market is segmented on the basis of product type, sales channel, end-user, and region. On the basis of product type, the market is divided into lawn mowers, handheld equipment and others. On the basis of sales channel, the market is divided into online and offline. On the basis of end-user, the market is divided into residential and commercial. Region-wise, the global market analysis is conducted across North America (the U.S., Canada, and Mexico), Europe (UK, France, Germany, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and Rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).
COMPETITION ANALYSIS
The key players that operate in the gardening equipment market are Stanley Black & Decker, Robert Bosch Power Tools GmbH, Stiga Group, Excel Industries, Inc., The Toro Company, STIHL Holding AG & Co. KG, Deere & Company, Hitachi Ltd., Honda, Motor Co., Ltd, Husqvarna AB, Ariens Company, Briggs Stratton, Falcon Garden Tools, ECHO INCORPORATED, KUBOTA Corporation, Schiller Grounds Care, Inc., Emak S.p.A.
Key Benefits For Stakeholders
The report provides an extensive analysis of the current and emerging market trends and dynamics.
In-depth market analysis is conducted by constructing market estimations for key market segments between 2022 and 2031.
Extensive analysis of the gardening equipment market is conducted by following key product positioning and monitoring of top competitors within the market framework.
A comprehensive analysis of all the regions is provided to determine the prevailing opportunities.
The gardening equipment market forecast analysis from 2022 to 2031 is included in the report.
The key players with in gardening equipment market are profiled in this report and their strategies are analyzed thoroughly, which help understand the competitive outlook of the gardening equipment market.
Key Market Segments
By Product Type
Lawn Mowers
Handheld equipment
Others
By End-User
Residential
Commercial
By Sales Channel
Online
Offline
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Rest of Europe
Asia-Pacific
China
India
Japan
Australia
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Key Market Players
Stanley Black & Decker
Robert Bosch Power Tools GmbH
Stiga Group
Excel Industries, Inc.
The Toro Company
STIHL Holding AG & Co. KG
Deere & Company
Hitachi Ltd.
Honda Motor Co., Ltd
Husqvarna AB
Ariens Company
Briggs Stratton
Falcon Garden Tools
ECHO INCORPORATED
KUBOTA Corporation
Schiller Grounds Care, Inc.
Emak S.p.A.
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